Chinese EV makers hit EU wall as tariffs add to import costs

Months of talks failed to resolve the trade dispute, leading Brussels to tack the new fees onto an existing 10% import duty

Manufacturers such as BYD and SAIC’s MG accounted for 7.4% of EV registrations across Europe in November, down from 8.2% in October, according to automotive researcher Dataforce. That’s the lowest level since March. Photo: Qilai Shen/Bloomberg

Chinese automakers captured their smallest share of Europe’s electric-vehicle market in eight months, after new tariffs added as much as 35% to the cost of importing cars to the region.

Manufacturers such as BYD and SAIC’s MG accounted for 7.4% of EV registrations across Europe in November, down from 8.2% in October, according to automotive researcher Dataforce. That’s the lowest level since March.